Project Decorum - Crowdsale (Ended)

[MyLegacyKit]

@chadrickm

I’m essentially saying I agree with this person’s (people’s) judgement about content and want to follow their recommendations.

This concept could be highly profitable on professional advice forums. Trading, law, notary, ict, marketing, blogging, you name it.

[chadrickm]

@MyLegacyKit

This concept could be highly profitable on professional advice forums.

Here is an interesting thought at least to my mind. Specific sites will use/implement the Decorum protocol. What if those sites could choose default moderator’s styles (the ability to override by each user would ALWAYS take president)? The popularity of those sites could then be used to fight the gaming of the system if those moderators were rewarded by the protocol itself.

This would be similar to how the popularity of sites will determine dev payments if that is ultimately included.

[Panda]

@Seneca

It’s from “coin like”. Because it’s a “coin” that can be used as an endorsement (Like). I wanted something short and related to it’s function.

True it’s short and does describe the function pretty well. But, I can’t shake the feeling that it feels a bit weak though and maybe not professional in a way. I had a few mins so I scribbled down some suggestion, maybe there is some value to it.

• Marks (short for marketing)
• Decs (short for decorum)
• PRT (PR token)
• DFT (decentralized forum token)
• Boost or Hype

I think whatever you end up deciding it will be important to do so based on where you want this thing to go. If every forum or community on safenet started using this platform in some way or form then it could really take off and create incredible marketing synergy (as if you didn’t already know that, hehe)

With this in mind though, what name does appeal the most to the ones who will buy these tokens… That’s the question I guess. One name could give the impression of something more valuable than another name. Maybe I’m putting to much thought into this idk. Again GL though

[MakkaPakka]

@Seneca

Here you are:

Deriving the base difficulty from that number will be done using BTC mining data. From this chart it becomes clear that nowadays about 1,100,000,000 GigaHash per second is generated in competition for a reward of 25 BTC about every 10 minutes. 25 BTC is currently worth 10,400 USD. We divide this number by 10 (minutes) * 60 (seconds in a minute) to get the USD value per second: 10,400 / 600 = 17.33 USD per second.
Now we can hold that circa 63.5 billion GH has a value of about 1 USD. So if the presale coins were sold for say, 0.001 USD each, the base difficulty is set to 635 million GigaHash (0.01 USD).

@Seneca

Note that other info in that post is outdated, but this part still applies.

Edit: Bloody hell, I have made a mistake there. It is not correct, it should be million, not billion. Thank you for asking!Edit2: Corrected it on the website.

Thanks @Seneca that was bothering me and now the numbers tally.
Just for the sake of correctness you may also want to put them right in the thread Project Decorum: DECentralised fORUM (and protocol) - #113 by Seneca

[uqaz]

Probably a dumb question…

What will be the relatioship betwen PDCs (or decorum token lenders) and Clikes?

[neo]

According to documents and topics in the forum

PDC will be converted to Clikes when its all up and running at the rate of one to one

[whiteoutmashups]

@Seneca

Note that the name of this forum will not be ‘Decorum’, that is just the code name for this project. I have a cooler and easier name that I won’t disclose

Is this still true? Just wondering because we’ve been going with Decorum for so long now

[maidsaferocks]

Based on the emission model, it sounds like the price of Clike is designed to remain stable. Is that true?

What specific benefit will Clike usage provide on the forum? Highlighted topic, pinned topic, etc.

[cl0ck3d]

If I invest right now will I get 15% crowdsale?

[anon40790172]

@cl0ck3d

If I invest right now will I get 15% crowdsale?

You mean 15% extra coins? Yes, that’s for the first week. And the first week isn’t over yet.

[Token]

So, those 50 million PDC’s will be evenly divided at the participants at the end of the crowdsale?
More participants means, the less PDC’s you will get per BTC?

[TheICE]

Yea, so many people bought in its not worth it anymore, I bought a few, but going to use the rest of my BTC to buy some SEC instead.

[MyLegacyKit]

@Token

So, those 50 million PDC’s will be evenly divided at the participants at the end of the crowdsale?

With a bonus for the early depositors (+15% first week, +10% second werk, +5% third week, 0% fourth/last week) but yeah, I guess that’s how it is going to work.

On the other hand, I’m not sure how the bonus is actually being calculated. Because, let’s say someone deposits $2,000 each week of the crowdsale, and the total funding becomes $200,000. This person should get 1.15% + 1.10% + 1.05% + 1% = 4.30% of the 50M PDC? That’s not possible…

[bluebird]

A big forum catering to everyone probably isn’t the way to go.

Look at this forum, and notice that the same software is being used to run forums on all kinds of subjects, in different places and for very different groups of people.

If Decorum were to be a package with similar scope, i.e., a package that can run whatever forum subjects its administrator wants, but just on SAFE, then it will work. It won’t work as a big-tent service. People want their own tents.

[Seneca]

@bluebird

If Decorum were to be a package with similar scope, i.e., a package that can run whatever forum subjects its administrator wants, but just on SAFE, then it will work. It won’t work as a big-tent service. People want their own tents.

Project Decorum is about creating a protocol specification on one hand, and an implementation of it in the form of a reddit-like forum with extra social media features on the other hand. So yes, people can use the protocol to set up their own tents.

@MyLegacyKit

On the other hand, I’m not sure how the bonus is actually being calculated.

First week 1 MAID is 1.15 points, second week it is 1.10 points, third 1.05 points, last week 1.0 point. All points of all contributors are accumulated, and then you get Clike proportionally to your share in points of the total points.

For BTC, it is first converted to a MAID score using the past 24 hour weighted average BTC/MAID price of Poloniex, then the same applies.

@maidsaferocks

Based on the emission model, it sounds like the price of Clike is designed to remain stable. Is that true?

The emission model has a stabilizing effect, but will by no means mean that the price will be stable or fixed. Generally speaking, when the price of Clike doubles, a mere 10% inflation would follow.

[Josh]

@Seneca

reddit-like forum with extra social media features

So if Facebook and Reddit hooked up and had a baby the result might be Decorum?

[Seneca]

Minus all the spy-ware!

[lukless]

HI guys,

I’m new here and I like whats going on here.

I’ve invested some money with several transactions. Now it seems, that the projects bitcoin address received the transactions via different addresses.
When I check the transaction id, the amount was first send to one address (none of mine and not the project address)…and thereafter to project decorums crowdfunding address.
Anyone with similar problems or an idea? -Thank You!

Transaction ID:
ad8f44655a518ea4ad951f1498087b7c4f6ae48cc90a24e6d862a3fa28937ecb-000

[Seneca]

Can you post the transaction ID in question?

[lukless]

i added the ID in my original question.
I tried to send a small amount to this third address…seems that it belongs to me. The amount was send to my wallet. But I cant find this address anywhere xD